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MI HB4926

Bill

Official Source

Status

Passed

12/31/2023

Primary Sponsor

Brenda Carter

Click for details

Origin

House of Representatives

102nd Legislature

AI Summary

  • Amends section 14a of the General Property Tax Act (1893 PA 206) to prohibit assessment of personal property in an alternate location on tax day
  • Personal property must be assessed in its "ordinary location" (where it would be used for primary purposes) rather than any location to which it was temporarily moved
  • Applies to both taxable and exempt personal property, including property exempt under sections 7-7xx and 9-9p of the act
  • Defines "ordinary location" as including evidence such as the owner's business location where property would be deployed if the user did not work from an alternate location
  • Effective immediately upon approval (November 22, 2023)

Legislative Description

Property tax: assessments; assessment of property in alternate location; modify. Amends sec. 14a of 1893 PA 206 (MCL 211.14a).

Property tax: assessments

Last Action

Assigned Pa 218'23 With Immediate Effect

12/31/2023

Committee Referrals

Finance, Insurance, And Consumer Protection10/3/2023
Tax Policy8/22/2023

Full Bill Text

No bill text available